£1,470,830
This estimated value is based upon the latest sale price for the house of £360,000 on 30 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Fashion Street, Spitalfields, E1 6PX
Phone: 02080226286
| Price Paid | Date |
|---|---|
| £360,000 | 30 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £360,000 results in an estimated price of approximately £1,470,830.
| 30 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £360,000 | £1,110,830 | £1,470,830 |
The Postcode Pricing Model uses changes in average sales price within the E1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 148.674 % | £535,228 | £895,228 |
| 3 Month Average | 144.013 % | £518,445 | £878,445 |
| 6 Month Average | 211.975 % | £763,110 | £1,123,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £564,942 | £560,000 | FLAT 94 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 15 Sep 2022 | £1,190,387 | £1,200,000 | FLAT 88 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 7 Mar 2022 | £1,152,842 | £1,112,500 | FLAT 54 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 24 Feb 2022 | £742,476 | £708,000 | FLAT 35 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
| 13 Dec 2021 | £1,033,879 | £965,000 | FLAT 100 EXCHANGE BUILDING, 132 COMMERCIAL STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 5 Oct 2020. Using an estimated price of £1,470,830 means this house is valued at £12,155 per sq meter (£1,129 per sq foot).
The average size of a house on COMMERCIAL STREET is 71 sq meters (771 sq feet).